Semiconductor Industry

TSMC to boost capital spending as quarterly profit jumps 35% on AI boom

Taiwan-based TSMC, the world's largest computer chip maker, plans to increase its capital spending by about 40% this year after it reported a 35% jump in its net profit for the latest quarter thanks to the boom in artificial intelligence, the company said Thursday. Taiwan Semiconductor Manufacturing Corp., a major supplier to companies including Nvidia and Apple, reported a net profit of 506 billion new Taiwan dollars ($16 billion) for the October-December quarter, a 35% surge from a year earlier, better than analysts' estimates. TSMC said Thursday that its revenue in the last quarter increased 21% from a year earlier to more than 1.046 trillion new Taiwan dollars ($33 billion). TSMC said it plans to boost its capital expenditure budget to $52 billion-$56 billion for 2026, up from about $40 billion last year. The company's shares have climbed more than 8% since the beginning of the year, reflecting its strong position in the AI-driven market. Other tech giants including Microsoft,

Uttar Pradesh govt announces sops for GCCs and semiconductor plants

Uttar Pradesh unveils fresh incentives for GCCs and large semiconductor projects to boost FDI and advance its $1 trillion economy ambition

India entered semiconductors late but will soon start exporting: Amit Shah

Union Home Minister Amit Shah on Thursday said India's entry into the semiconductor industry was "strong" though a bit late, but the country would soon be self-reliant in the sector and even start exporting. Speaking at the Abhyudaya Madhya Pradesh Growth Summit here, he praised the BJP government in the state for the registration of 4.57 lakh MSMEs (Micro, Small and Medium Enterprises) in just one year. Thanks to Madhya Pradesh's geographical location and its fertile land, one can earn crores of rupees by investing even a small amount, he said. "We have made a strong entry into the semiconductor industry, although a bit late. Very soon we will not only become self-reliant in the semiconductor sector, but also start exporting," he said. Shah inaugurated or performed groundbreaking ceremony for industrial projects worth Rs 2 lakh crore on this occasion to mark the 101st birth anniversary of former prime minister Atal Bihar Vajpayee. "Atal ji was a great orator, sensitive poet, a le

Nvidia considers increasing H200 chip output as Chinese demand surges

Major Chinese companies including Alibaba and ByteDance have already reached out to Nvidia this week about purchasing the H200 and are keen to place large orders

China rejecting Nvidia's H200 chips, pushing for self-reliance: Sacks

Sacks' comments raise questions about whether Nvidia will be able to recover revenue from China, a data centre market it has removed entirely from its forecasts

Virtusa buys SmartSoC to expand into semiconductor engineering services

Virtusa has acquired Bengaluru-based SmartSoC Solutions for an undisclosed sum to deepen chip design, verification and embedded engineering capabilities as it targets end-to-end services

Memory chip prices are soaring: Here's how smartphone prices could be hit

Smartphone buyers face higher costs as memory chip prices surge. Rising DRAM and storage module costs are pushing brands to hike device prices affecting budget and mid-range segments through 2026

AI boom sparks global chip shortage, driving prices, and supply crisis

Tech giants including Microsoft, Google and ByteDance are scrambling to secure supplies from memory-chip makers such as Micron, Samsung Electronics and SK Hynix

Suchi Semicon to begin supply of automotive, power chips next year

Suchi Semicon will start packaging QFN and power semiconductor chips at its Surat OSAT plant, with supplies beginning in January 2026, as it scales output and pursues incentives under India's ISM plan

What is xLight, the chip startup that has won Trump admin's support?

The Trump administration has agreed to invest up to $150 million in xLight, a startup building new chipmaking lasers, marking its first Chips Act award this term

Govt to modernise SCL Mohali with Rs 4,500 cr investment: Ashwini Vaishnaw

The government plans to invest Rs 4,500 crore to modernise state-owned chip company Semi-Conductor Laboratory (SCL) over the next three years, union minister Ashwini Vaishnaw said on Friday. Semi-Conductor Laboratory (SCL), an autonomous body under the Ministry of Electronics and Information Technology (MeitY), is the only integrated device manufacturing facility in the country providing end-to-end solutions for the development of Application Specific Integrated Circuits (ASICs), opto-electronics devices, and Micro Electro Mechanical System (MEMS) devices. The minister said that the centre has requested the Punjab government for a 25-acre parcel of land to support the expansion. "SCL will be modernised with an investment of Rs 4,500 crore over a period of the next three years," Vaishnaw said at the device handling ceremony here. He said SCL will play a significant role in realising the vision of Prime Minister Narendra Modi for semiconductors and assured that there is no question o

AEIM to invest ₹10,000 cr in Raipur's semiconductor plant by 2030

Semiconductor material and electronic components maker AEIM plans to invest Rs 10,000 crore in its Raipur-based facility by 2030, the company said on Monday. The company, in a regulatory filing, said it has been allotted 11.28 acre of prime industrial land by Nava Raipur Atal Nagar Vikas Pradhikaran (NRDA) in Kosala Industrial Park, Nava Raipur, Chhattisgarh, for setting up its semiconductor materials manufacturing facility. "The construction of the state-of-the-art facility will commence with immediate effect. The company is utilising advanced post-tensioned slab technology to expedite the construction process, targeting completion of the first phase by May 2026," the filing said. Chennai-based Artificial Electronics Intelligent Materials Limited (AEIML), in a statement on the development, said the investment in Chattisgarh is supported by the state's industrial policy, which has a provision for a capital subsidy of up to 40 per cent. "This state-of-the-art facility will establish

Japan is turning its dairy hub into semicon centre to rejoin global race

The Hokkaido island, which supplies over half of Japan's dairy, is being remade into a major advanced semiconductor hub, with new factories, research centres and global players moving in

Chhattisgarh govt allots land to company for semiconductor material plant

AEIM has finalised orders for advanced semiconductor manufacturing systems from global suppliers in Japan, Korea and the United States

The AI boom has found another gear: Why can't people shake their worries?

It is a time of superlatives in the tech industry, with historic profits, stock prices and deal prices. It's enough to make some people very nervous

India's chipmaking to be at par with major producers by 2032: Vaishnaw

The world's most populous nation has used a $10 billion fund to fuel its chip programme, helping to bring about several assembly, packaging and testing ventures

Dutch govt to relinquish control of China-owned chipmaker Nexperia

The Dutch government said it's relinquishing control of Chinese-owned chipmaker Nexperia, easing a standoff between China and the Netherlands that threatened supplies of semiconductors vital for global auto manufacturing. Economics Affairs Minister Vincent Karremans said Wednesday that he was suspending an earlier order to take control of Nexperia under a rarely invoked law. The Dutch government cited national security concerns and serious governance shortcomings when it took effective control of Nexperia, which is headquartered in the city of Nijmegen but owned by China's Wingtech Technology. Officials said they were trying to prevent the loss of crucial tech know-how that could threaten Europe's economic security. Nexperia chips are widely used by carmakers in North America, Japan and South Korea. Automakers warned in recent weeks that they were running low on the chips, and Honda was forced to shut down a factory in Mexico producing its popular HR-V crossover for North American

Bengaluru Tech Summit 2025: 'Look beyond coding, focus on products'

At the Bangalore Tech Summit, industry leaders said India must move from a coding-focused services model to product-led innovation, strengthening deep tech, AI and semiconductor capabilities

D-St to act as hedge for funds looking to trim global AI play, say analysts

Analysts are growing cautious about the surge in semiconductor and AI stocks, warning that stretched valuations may signal a bubble

PLI incentive schemes: achieving ambitions, but timelines and progress vary

ICRA estimates that around Rs. 2.5 trillion capex will be incurred by March 2026, which is 60-65 per cent of the total estimated capex